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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (27702)	9/13/1998 2:47:00 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 94695

>>>As long as the DOW does not break 8100 substantially(about 100 points), then this safety valve is doing its job. <<<<<< I don't think that would signal a bullish breakout IMO. With the trendlines I have drawn for this expanding cycles pattern we are performing, I have the top of this cycle as possibly reaching 8125 on the DOW before topping. connect the close of the 2nd and 8th of September and topping 8100 could easily be done on an intra day basis with a close of 8125 being highly likely. Just my WAG. Also, the higher the indexes this Friday, the more options expire worthless from what I have tallied as of Fridays close. There are many times more puts out there than calls as of this writing. Keep up the great predictions and stop questioning their validity! <ggg> You are becoming one of the most followed Gurus in the market. Good Luck, Lee